Igor Rezende

Just turning numbers into stories.

    • Igor RezendeIgor Rezende
      ·10-11

      Is NEP lying about its EPS numbers?

      I was struck by something quite unexpected when $NextEra Energy Partners LP(NEP)$ reported a shocking 73% decrease in their EPS for the Six Months Ended June 30 compared to 2023. This caught my interest as most analysts usually focus on Earnings Per Share (EPS) and income numbers when screening stocks. Inspecting their balance sheet, I stumbled upon something rather intriguing. NEP categorizes their interest expense as "Other Income," a practice uncommon among most companies since it normally goes under “Expenses”. This strongly suggests that their net interest income may have outperformed their interest costs. In my opinion, when this occurs, it should be rightly labeled as "interest income". However, the twist lies in the fact that the reported n
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      Is NEP lying about its EPS numbers?
    • Igor RezendeIgor Rezende
      ·10-01
      Is $NextEra LP(NEP)$ in the Renewable Energy sector the new "Gold Mine" stock? If you're considering investing in the renewable energy sector, specifically in NEP, I've conducted a SWOT analysis to help us understand the business's challenges and opportunities. While NEP pays an unusually high dividend yield, it is critical to know where you're getting your self into. This is not financial advice and I'm not a financial advisor. SWOT ANALYSIS INTERNAL – STRENGHTS Higher growth potential: - NEP strategy is centered on expanding ownership of long-term contracted projects in renewable energy. The global emphasis on reducing carbon emissions and transition to greener energy sources is a key driver for the industry expansion. High and stable cash dis
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    • Igor RezendeIgor Rezende
      ·09-27
      Thank you for your article. It is very insightful! 

      NextEra Energy And NextEra Energy Partners: The Weather Blows Favorable Tailwinds

      NextEra Energy is the leading US Wind Energy player. NextEra Energy Partners' generation portfolio is also heavily geared toward wind power, making fundamental drivers of wind energy highly relevant.A
      NextEra Energy And NextEra Energy Partners: The Weather Blows Favorable Tailwinds
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    • Igor RezendeIgor Rezende
      ·08-26
      $Verizon(VZ)$ 2Q24 Report – New Branding, Continuous drop in the Business segment, and drop in EPS Verizon's operations are divided into two segments: Consumer and Business. When conducting a balance sheet analysis, it is crucial to examine these segments separately before drawing any conclusions. Business Segment: There has been a significant decline in the Business segment, raising concerns about its future. In the year-to-date numbers, the operating income decreased by 17.1%, and when compared with the 2022 numbers, the decline was 33%. There hasn't been much explanation as to what is planned for the segment, and we can see that there has been a strong decrease in broadband revenue. It is important to remember that there was a $5.8 billion g
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    • Igor RezendeIgor Rezende
      ·08-13
      $Northwest Bancshares(NWBI)$ 2Q24 Report – Financial Instability with EPS at $0.04? NWBI reported its earnings for 2Q24 on July 23, and the share price increased by 4.5% immediately after. You may be asking what caused such a positive response from the public and in short, they beat the Earnings Per Share (EPS) estimate by 21.8% at 0.27. However, it is important to note that the amount that beat expectations excludes a significant loss on the sale of investments of $28 million plus $1 million of restructuring expenses. This means that their actual EPS was $0.04. If you look at the photograph rather than the video, you will think this was horrible for the bank, selling investments at a loss can mean that NWBI is signaling financial instability, suc
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